Maine Citizens Against Handgun Violence
Maine Citizens Against Handgun Violence experienced a dramatic increase in revenue and assets in 2023, with minimal reported expenses.
EIN: 10533032 · Portland, ME · NTEE: R01 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $447K |
| Total Expenses | $25K |
| Program Spending | 80% |
| Net Assets | $550K |
| Transparency Score | 85/100 |
Is Maine Citizens Against Handgun Violence Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Citizens Against Handgun Violence directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Citizens Against Handgun Violence
Maine Citizens Against Handgun Violence (EIN: 10533032) is a nonprofit organization based in Portland, ME, classified under NTEE code R01. The organization reported total revenue of $447K and total assets of $215K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Citizens Against Handgun Violence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Citizens Against Handgun Violence is a small nonprofit that has been operating for 3 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 75.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $567K |
| Total Expenses | $25K |
| Surplus / Deficit | +$542K |
| Total Assets | $550K |
| Net Assets | $550K |
| Operating Margin | 95.6% |
| Months of Reserves | 266.6 months |
Financial Health Grade: A
In 2023, Maine Citizens Against Handgun Violence reported a surplus of $542K with revenue exceeding expenses, holds 266.6 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2018–2023), Maine Citizens Against Handgun Violence's revenue has grown at a compound annual growth rate (CAGR) of 75.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1860.6% | -34.6% | +10343.1% |
| 2021 | -23.7% | +20.9% | -62.9% |
| 2020 | -69.6% | -78.2% | +86.0% |
| 2019 | +262.7% | +222.6% | -71.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Citizens Against Handgun Violence with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Maine Citizens Against Handgun Violence allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $542K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Maine Citizens Against Handgun Violence's IRS 990 filings:
- Extremely low expenses relative to revenue in 2023, potentially indicating significant fund accumulation without immediate program deployment.
- Highly volatile revenue and expense history, making consistent financial planning and impact assessment challenging.
Strengths
The following positive indicators were identified for Maine Citizens Against Handgun Violence:
- Zero officer compensation reported across all filings, indicating strong fiscal responsibility regarding executive pay.
- No reported liabilities, demonstrating excellent financial solvency.
- Significant growth in financial capacity in 2023, providing substantial resources for future mission-related activities.
Frequently Asked Questions about Maine Citizens Against Handgun Violence
Is Maine Citizens Against Handgun Violence a legitimate charity?
Maine Citizens Against Handgun Violence (EIN: 10533032) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. Total revenue: $447K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Maine Citizens Against Handgun Violence spend its money?
Maine Citizens Against Handgun Violence directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Maine Citizens Against Handgun Violence tax-deductible?
Maine Citizens Against Handgun Violence is registered as a tax-exempt nonprofit (EIN: 10533032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Citizens Against Handgun Violence's spending goes to programs?
Maine Citizens Against Handgun Violence directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Citizens Against Handgun Violence compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maine Citizens Against Handgun Violence is above average for NTEE category R01 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Citizens Against Handgun Violence located?
Maine Citizens Against Handgun Violence is headquartered in Portland, Maine and files with the IRS under EIN 10533032. It is classified under NTEE code R01.
How many years of IRS 990 filings does Maine Citizens Against Handgun Violence have?
Maine Citizens Against Handgun Violence has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $447K in total revenue.
What caused the significant increase in revenue and assets in the 2023 fiscal period?
The IRS 990 data shows a dramatic increase in revenue from $28,914 in 2021 to $566,896 in 2023, and assets from $5,268 to $550,145. The specific source of this surge (e.g., major grant, large donation campaign) is not detailed in the provided summary but is a key area for further inquiry.
Why were expenses so low ($24,761) compared to revenue ($566,896) in 2023?
The substantial difference between revenue and expenses in 2023 suggests a significant portion of funds were either accumulated for future programs, invested, or potentially miscategorized. This warrants further investigation into the organization's financial strategy and program planning.
How does the organization plan to utilize its significantly increased assets of $550,145?
With assets growing to over half a million dollars, understanding the organization's strategic plan for deploying these funds towards its mission is crucial for assessing its long-term impact and efficiency.
Filing History
IRS 990 filing history for Maine Citizens Against Handgun Violence showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), Maine Citizens Against Handgun Violence's revenue has grown by 1551.2%, moving from $34K to $567K. Total assets increased by 1958.8% over the same period, from $27K to $550K. Total functional expenses fell by 44.4%, from $45K to $25K. In its most recent filing year (2023), Maine Citizens Against Handgun Violence reported a surplus of $542K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $567K | $25K | $550K | $0 | — | — |
| 2021 | $29K | $38K | $5K | $0 | — | — |
| 2020 | $38K | $31K | $14K | $0 | — | — |
| 2019 | $125K | $144K | $8K | $0 | — | — |
| 2018 | $34K | $45K | $27K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $567K, expenses of $25K, and assets of $550K (revenue +1860.6% year-over-year).
- 2021: Revenue of $29K, expenses of $38K, and assets of $5K (revenue -23.7% year-over-year).
- 2020: Revenue of $38K, expenses of $31K, and assets of $14K (revenue -69.6% year-over-year).
- 2019: Revenue of $125K, expenses of $144K, and assets of $8K (revenue +262.7% year-over-year).
- 2018: Revenue of $34K, expenses of $45K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Citizens Against Handgun Violence:
Data Sources and Methodology
This transparency report for Maine Citizens Against Handgun Violence is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.